The Andromeda (ANDR) spot market is now available on Helix, the premier on-chain crypto exchange built on Injective.
To celebrate the listing of ANDR/USDT Spot on Helix, the Andromeda team is sponsoring 40,000 ANDR tokens to Helix traders worldwide. In order to participate, users can join the Trading Competition and LP Rewards to win exclusive rewards while trading on Helix.
- To learn more about Andromeda (ANDR) Spot Market, click here.
- To learn more about LP Trading Bots, click here.
- Get started here: Link
Trade to Win 40,000 ANDR in LP Rewards & Trading Competition
To celebrate the listing, the Andromeda team is sponsoring 40,000 ANDR in prizes for Helix traders via two campaigns: LP Rewards and Trading Competition.
1. LP Rewards
With LP Rewards, traders can use Spot Grid Trading Bots to provide liquidity to Helix markets. As a liquidity provider, you will be eligible for rewards based on the trading volume generated through your grid trading bots. Here’s how you can get started.
- Select “Liquidity” at the top navigation bar on Helix.
- Deploy your grid trading bot to execute your trading strategy on the ANDR/USDT spot market, thereby providing liquidity to the market within the specified price range.
- Based on the trading volume generated by your grid trading bot, you will be able to claim token rewards at the end of the campaign.
- Your reward amounts are directly proportional to the total volume generated by your grid trading bot. You can go to the “LP Rewards” section under “Rewards” to monitor your estimated rewards on the leaderboard.
Competition Details
- The campaign starts on February 13th, 2024 at 0:00 UTC, and ends on May 14th, 2024 at 0:00 UTC.
- No sign-up is required. Transactions using Liquidity Bots on and only on the ANDR/USDT Spot market on Helix will be counted into the campaign during the campaign period.
- Upon campaign completion, a “Claim” button will appear, allowing you to easily collect your rewards.
- Total rewards: 30,000 ANDR
2. Trading Competition
The second campaign is the volume trading competition which will reward the Top 25 volume traders on ANDR/USDT market within the two-week trading competition period.
The trading competition will offer users the opportunity to trade on Helix in order to not only win prizes exclusive to this competition, but also to enjoy market leading rebates, zero gas fees, lightning fast speeds and best-in-class security.
Competition Details
- The competition starts on February 13th, 2024 at 0:00 UTC, and ends on February 27th, 2024 at 0:00 UTC.
- No sign-up is required. Only the transactions placed on the ANDR/USDT Spot market on the Helix frontend will be counted.
- Rewards will be distributed to traders with the Top 25 highest effective real volume they contribute during the competition period. Each winner will receive 400 ANDR as the reward.
- Trading volume counts both buys (long) and sells (short) during the competition period, excluding any wash trades.
- Winners will be announced by March 5th, 2024.
- Total rewards: 10,000 ANDR
ANDR-USDT Market Details
- Base asset: ANDR
- Quote asset: USDT
- Minimum price tick size: $0.0001 USDT
- Minimum quantity step: 1
- Trade and earn multiplier: 1X maker pts; 1X taker pts
- Fee: -0.01% maker fee; 0.1% taker fee
- Trading hours: 24/7/365
Useful Resources
- How to create your Injective wallet: Link
- Onboard onto Injective instantly with fiat: Link
- Transfer assets to Injective via Injective Bridge: Link
- A quick guide on how to make a trade on Helix: Link
- Trade and Earn on Helix: Link
- Earn trading fee discounts by staking INJ: Link
This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix’s Terms and Conditions.
About Helix
Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native token that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Andromeda
Andromeda is enabled by aOS, the first true 100% on-chain, IBC-enabled, decentralized Web3 Operating System (OS) with products, tools, and utilities to solve your app building and composing problems: easier, better and faster.
Website | Twitter | Telegram | Discord | Blog | Documentation | Github | Youtube